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A small accounting firm is considering the purchase of a computer software package that would greatly reduce the amount of time needed to prepare tax
A small accounting firm is considering the purchase of a computer software package that would greatly reduce the amount of time needed to prepare tax forms. The software costs $ and this expense will be incurred immediately. The firm estimates that it will save $ of cash flow at the end of each year beginning in one year for consecutive years, and also save $ in year What is the payback on the computer package? Years Because payback is typically defined as an integer eg years and not as years place your answer as an integer.
A small accounting firm is considering the purchase of a computer software package that would greatly reduce the amount of time needed to prepare tax forms. The software costs $ and this expense will be incurred immediately. The firm estimates that it will save $ of cash flow at the end of each year beginning in one year for consecutive years, and also save $ in year What is the payback on the computer package?
Years
Because payback is typically defined as an integer eg years and not as years place your answer as an integer.
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